Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 107 to 80.27 . . 110.1 (111.60%)
Intermediate 85.89 to 106.5 104.61 (9.17%) . .
Short 100.83 to 106.5 104.61 (33.33%) . .